Tony Manz

The Hidden Cost of Regulations

Regulations begin with an honorable purpose. A problem is identified and governments or large corporations feel compelled to address it because “the people” want it fixed. As solutions are kicked around, decision makers eventually decide between a few alternatives. Will they use public funds to research, implement findings, educate the population, and ultimately change human behavior? Or will they give the problem to corporations and insist that they find a solution and suffer penalties if they don’t? The second choice is often used because it doesn’t involve a direct raid on the treasury….

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